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Is closed-end financing a fund?
Different issuers have different risks. Open and closed wealth management products are issued by fund companies, and net worth wealth management products are issued by banks.

1. The biggest advantage of open-ended wealth management products is that they can be redeemed in advance, which is more convenient for temporary capital needs.

2. Closed-end wealth management products are based on the high-yield principle adhered to by wealth management products. Generally speaking, closed-end wealth management products have relatively high returns and poor liquidity, and cannot be redeemed in advance or redeemed in advance.

3. Net worth wealth management products are wealth management products issued by banks, which are similar to funds and have no investment period and expected income. Net worth wealth management products are highly liquid. During the opening period, users can inquire about net worth, purchase and redeem, and banks will open regularly according to the agreement.

Extended data:

Financial management refers to the management of finance (property and debt) for the purpose of maintaining and increasing the value of finance. Financial management is divided into corporate financial management, institutional financial management and personal financial management? And family finances. Human survival, life and other activities are inseparable from the material foundation and are closely related to financial management.

"Financial management" is often used with "investment and financial management" because "financial management" includes "investment" and "investment" includes "financial management". The so-called financial management is not only a foreign investment and financial management, but also a kind of financial management. If you don't know how to be invested, you don't know how to invest better.

References:

Baidu encyclopedia-wealth management